Sept 16 (Reuters) - Activist investor Elliott Management
said on Tuesday it has taken more than $2 billion stake in human
resources software seller Workday.
Elliott said it is pleased with its dialogue with the
leadership team at Workday and expressed confidence that the
multi-year plan outlined at the company's Financial Analyst Day
will generate substantial long-term value for shareholders.
Earlier on Tuesday, Workday announced it would buy AI firm
Sana for about $1.1 billion, underscoring growing consolidation
in the HR software space as companies race to embed the booming
tech into their products in meet evolving customer demands.